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Bernard madoff News

Op-Ed: The niggling grain of truth in Madoff’s interview

Bernard Madoff’s recent interview with New York Magazine, during which he blamed not only himself but also his investors’ “greed” and their role in his Ponzi scheme, has enraged many of his victims. But he does have a point.

Madoff Victims See Claims Rejected

A large number of people who lost money through the Ponzi scheme run by Bernard Madoff, arrested one year ago on Friday, have seen claims for repayment of their losses rejected.

Trustee Files $199 Million Suit Against 4 Madoff Family Members

Four relatives of convicted fraudster Bernard Madoff are being sued for $199 million by the trustee appointed by a court to liquidate Madoff's business.

What Makes Some People Kill or Steal without Guilt?

When we read about a man who goes into a woman’s locker and starts killing, we wonder. We are more curious still when we read about multiple, deliberate killings of a Jack the Ripper or Hannibal Lector. New evidence explains the behavior.

Madoff Decides Not to Appeal 150 Year Prison Sentence

In a statement issued by his lawyer Ira Lee Sorkin, self confessed fraudster Bernard Madoff has confirmed that he will not be appealing against the 150 year prison term that was imposed on him by a New York court on June 29.

Madoff's wife crying all the way to the bank

Bernard Madoff''s wife Ruth has said she "felt immense pain" for her husband's victims yesterday, the same day Bernard was sentenced to 150 years in jail. She did not attend court, but issued a statement to the press.

Bernard Madoff Receives Sentence of 150 Years

Despite his lawyer's plea that his client should receive a sentence of 12 years for the Ponzi scheme that he had long operated and which had robbed its victims of $65 billion, Madoff was sentenced today to the maximum possible prison term of 150 years.

Judge talks about angry letters from Madoff victims

On June 29 New York District Judge Denny Chin will pass sentence on self-confessed fraudster Bernard Madoff, a man whose $50 billion (£35 billion) investment scheme robbed many of it's clients of most, and in some instances all, of their life's savings.
 

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